Learn to love your levy – a practical guide
The Levy is now well on its way and employers are seemingly more positive about accepting it coming. The last update, about new funding systems and how providers will operate.
SFA Funding finally announced Key Points:
- 24 Months expiry on levy pots
- funding bands (and rates) of 1-15 confirmed
- Additional 20% funding for 16-18 yr olds on Frameworks
- £1000 to employers for 16-18 yr olds
- Learners can multiple qualifications/apprenticeships at the same level
- New guidance on Provider applications to the RoTAP
- Supporting providers need not register if delivering under 100K
- Sub-contracting allowed up to £500k – more rules on this to be announced
- Published March 2017 for public view.
Accessing the Levy in England